Global Markets
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TSX Composite — Canada Index
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JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Bonds

Gilt Yields Follow US Treasuries Higher Before Jobs Data

UK 10-year gilt yields rose to 4.8%, hitting a one-week high as they followed US Treasury yields higher, with investors awaiting US jobs data later in the day. Markets also digested remarks from central bankers at the ECB’s Sintra Forum. Bank of England Governor Andrew Bailey maintained a dovish tone, citing a softening UK economy but ruling out near-term rate cuts due to lingering inflation risks. Meanwhile, Fed Chair Kevin Warsh noted that inflation expectations have eased recently, though he reaffirmed the Fed’s commitment to its 2% target. UK political shifts are unlikely to impact sterling until late July, when Andy Burnham is expected to take office as Prime Minister. Elsewhere, markets welcomed progress in indirect US-Iran talks, with Qatar set to schedule the next meeting soon, while oil prices continued to decline as more shipments moved through the Strait of Hormuz.

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